Dvarčionių keramika | |
Type: | Public |
Foundation: | 1888 |
Defunct: | 2016 |
Location City: | Vilnius |
Location Country: | Lithuania |
Products: | Ceramics |
Num Employees: | 150 |
Parent: | UAB "Misota" |
Dvarčionių keramika was a ceramics tile producer in Lithuania and the largest ceramics producer in the Baltic states.[1] It used to be traded on the NASDAQ OMX Vilnius exchange. The company went bankrupt in 2016.[2]
The company traces its history from a brickyard founded in 1888 in Dvarčionys.[3] It was reconstructed in 1974, to a modern ceramics title producer. Opoczno, the largest ceramics manufacturer in Poland, bought 60.25% of the company in March 2005 for 11.5 million litas[4] and additional 19% in January 2008, for 7.12 million litas.[5] However, Lithuanian UAB Misota took the controlling stake in July 2009.[6] In 2010, the company reported losses, and declining revenue.[7]